Understanding Crypto Trading: How Emotions Influence Your Decisions

Understanding Crypto Trading: How Emotions Influence Your Decisions

Another webinar about errors in trading will be offered on October 22, 2025. Loud Floor3 The topic focuses on the illusion of memory and its influence on trading decisions. The webinar aims to identify memory biases to improve decision making. Participants learn to develop a trustworthy system instead of relying on often faulty memories.

Société Générale's webinar series, called SG Active Trading, takes place every Wednesday from 7 p.m. to 8 p.m. The content includes current market outlooks and trading ideas from experts and is aimed at both beginners and experienced traders. Questions and comments from participants are expressly welcome during the webinar.

The role of trading psychology

Trading psychology is a central topic that is crucial to success in trading. Emotions such as fear, greed and cockiness have a huge influence on traders' decisions. Loud Kagel's Trading It is essential to show discipline in order to stick to a set trading plan. Losses are a natural part of trading, but dealing with them is crucial. The arrogance that can arise after success often leads to risky decisions.

It is important for traders to continually learn and adapt strategies. Stress management techniques can help you trade calmly in volatile markets. Strong self-awareness allows traders to control emotions and act rationally. This also includes effective risk management, which prevents traders from putting all their eggs in one basket.

Strategies to improve your own trading psychology

To improve trading psychology, a personal commitment to self-improvement is necessary. Recommends this n-tv

A trading diary can be of great help in analyzing and reflecting on decisions. Discipline is required to keep this journal consistently. In addition, the role of artificial intelligence (AI) in trading is becoming increasingly important as it can help minimize emotional influences. A solid trading plan that includes trading goals, strategies and effective risk management is essential for disciplined trading.

In summary, an in-depth understanding of trading psychology benefits both beginners and experienced traders and is the key to long-term success in trading. Combined with regular training and the application of learned strategies, traders can better respond to market fluctuations and significantly improve their decision-making.